IndusInd Bank shares slump 19% as Q2 numbers miss estimates, analysts cut TP
On Friday, October 25, the intraday share price of IndusInd Bank fell 19% to a new 52-week low of ₹1,034 per share. This drop came after the bank’s poor September quarter results, which fell short of Street projections across the board and caused analysts to reduce their stock target prices. The lender’s declaration that it…